Three advisors have joined Morgan Stanley's ranks, according to a firm spokeswoman.
Senior advisor Dan Schwala left UBS to sign on with Morgan Stanley's Beverly Hills, Calif., office. Schwala has 30 years of experience in the securities industry, according to FINRA records. He spent about 11 years at UBS, where he managed $267 million in client assets and had approximately $1.7 million in annual production.
Thomas Cagganello has 17 years of experience in the securities industry, according to FINRA records. He joins Morgan from Wells Fargo. Cagganellow managed approximately $145 million in client assets while at Wells, with an annual production of $1.2 million. He will sign on with the Morgan's Westport, Conn., office.
Mark Leonard is joining the wirehouse from SunTrust, where he managed $435 million in client assets with an annual production of $2.9 million. Leonard has 16 years of experience in the securities industry, per FINRA. He will report to Morgan Stanley's McLean, Va., office.
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